Wolfspeed Announces $750M in Proposed Funding from U.S.

Wolfspeed Announces $750M In Proposed Funding From U.S.

1 week from now

Oct 15, 2024  · Today, the U.S. Department of Commerce and Wolfspeed (NYSE: WOLF) announced they have signed a non-binding preliminary memorandum of terms (PMT) for up to …

wolfspeed.com

Wolfspeed Stock Soars As Semiconductor Maker Gets CHIPS Act, …

1 week from now

Oct 15, 2024  · Wolfspeed said it could get up to $2.5 billion from government and investor money infusion. The semiconductor maker received a proposed $750 million from the CHIPS Act, and …

investopedia.com

Wolfspeed Announces $750M In Proposed Funding From U.S.

1 week from now

Oct 15, 2024  · In addition, Wolfspeed expects to receive $1 billion of cash tax refunds from the advanced manufacturing tax credit under the CHIPS and Science Act (section 48D), giving the …

yahoo.com

Wolfspeed Stock Surges After Securing $1.5bn In Financing From …

1 week from now

Oct 15, 2024  · Investing.com -- Wolfspeed (NYSE:WOLF) shares have surged more than 30% on Tuesday after the company announced that it will receive significant financial support, with …

yahoo.com

Biden Administration Announces $750 Million Investment In North ...

1 week from now

Oct 15, 2024  · The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to semiconductor developer and manufacturer Wolfspeed. The money …

cbsnews.com

This Chipmaker Jumps Over 16% After Nvidia Rival Signs $750M

1 week from now

Oct 15, 2024  · On Tuesday, Nvidia rival Wolfspeed Inc. WOLF and the U.S. Department of Commerce signed a preliminary memorandum of terms for up to $750 million in funding under …

benzinga.com

Why This EV And AI Chip Stock Soared 40% This Week

1 week from now

Oct 18, 2024  · Wolfspeed on Tuesday announced major chip funding ahead of the 2024 U.S. elections to speed up its EV and AI growth plans. Wolfspeed stock reversed lower on Friday, …

investors.com

Wolfspeed Announces $750M In Proposed Funding From U.S.

1 week from now

Oct 15, 2024  · Highlights: U.S. Department of Commerce proposes $750 Million in CHIPS and Science Act funding to support Wolfspeed’s North Carolina expansion and catalyze New York …

wolfspeed.com

Wolfspeed Stock Jumps After Securing $1.5B In Funding From CHIPS …

1 week from now

Oct 15, 2024  · Wolfspeed also expects to receive $1B of cash tax refunds from the advanced manufacturing tax credit under the CHIPS Act (section 48D), giving the company, in total, …

seekingalpha.com

U.S To Invest $750 Million In North Carolina Chip Company - Fast …

1 week from now

Oct 15, 2024  · The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory …

fastcompany.com

Wolfspeed Wins $1.5 Billion Financing From Chips Act, Apollo

1 week from now

Oct 15, 2024  · Wolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants as well as $750 million in financing led by Apollo …

bloomberg.com

Wolfspeed Stock Soars 21%. The Chips Act Keeps On Giving.

1 week from now

Oct 15, 2024  · Wolfspeed gets $750 million in new funding, and may get another $750 million from the U.S. CHIPS Act. ... Wolfspeed Stock Soars 21%. The Chips Act Keeps on Giving. By …

barrons.com

Biden Administration To Provide $750m To Wolfspeed For …

1 week from now

Oct 15, 2024  · The Biden-Harris administration announced plans Tuesday to provide up to $750 million in direct funding to Wolfspeed, with the money supporting its new silicon carbide factory …

fortune.com

Wolfspeed Announces $750M In Proposed Funding From U.S.

1 week from now

Oct 15, 2024  · Wolfspeed CEO, Gregg Lowe, said, “To reach this milestone under the U.S. CHIPS and Science Act is an incredible achievement in Wolfspeed’s long-term growth …

morningstar.com

EV Chipmaker Wolfspeed Set To Receive $750 Million US Chips Grant

1 week from now

Oct 15, 2024  · Wolfspeed is set to receive $750 million in government grants for its new North Carolina silicon carbide wafer manufacturing plant facility, the U.S. Commerce Department …

reuters.com

Wolfspeed Rallies On SiC Wafer Deals, CHIPS Act Funding Talks, R

1 week from now

Oct 11, 2024  · Wolfspeed stock jumps 10% on news of SiC wafer deals and possible CHIPS Act funding, with a Buy rating reaffirmed NEW YORK, Oct. 11, 2024 —Shares of Wolfspeed …

gurufocus.com